VAALCO Energy EVP, General Counsel Michael Silver to resign; retention bonus tied to TransGlobe deal

VAALCO ENERGY INC /DE/

Michael Silver notified intent to resign; will remain through transition period to facilitate TransGlobe merger.
Retention bonus: 50% of base salary prorated from Jan 1, 2022, to earlier of deal closing or termination.
Company has launched executive search to replace Silver; he joined VAALCO in 2018 from ExxonMobil.
Silver served as EVP, General Counsel, Corporate Secretary, and Chief Compliance Officer.

item 5.02 item 8.01 item 9.01

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Departed

Michael Silver

Executive Vice President, General Counsel, Corporate Secretary and Chief Compliance Officer

EGY · VAALCO ENERGY INC /DE/

Filed: September 6, 2022, 7:59 PM ET

On August 30, 2022, Michael Silver, who currently serves as the Executive Vice President, General Counsel, Corporate Secretary and Chief Compliance Officer of VAALCO Energy, Inc. (the “ Company ”), notified the Company of his intention to resign from the Company.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Michael Silver resigned as Executive Vice President, General Counsel, Corporate Secretary and Chief Compliance Officer at VAALCO ENERGY INC /DE/.

Action: resigned
Role: Executive Vice President, General Counsel, Corporate Secretary and Chief Compliance Officer

Exact text from the filing

On August 30, 2022, Michael Silver, who currently serves as the Executive Vice President, General Counsel, Corporate Secretary and Chief Compliance Officer of VAALCO Energy, Inc. (the “ Company ”), notified the Company of his intention to resign from the Company.

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VAALCO ENERGY INC /DE/ filing history →

Source: SEC EDGAR

accession 0001437749-22-021910

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